Market Summary November began with broad, yet relatively modest market declines and delivered mixed signals with new private payroll data showed an unexpected drop, manufacturing activity remained in contraction, and tariff-related cost pressures continued to weigh on business sentiment. By the end of the month, the major US market averages had mixed results with the S&P 500 rebounding to add 0.13%, the Nasdaq 100 remaining in the red with a -1.64% decline, and the small-cap Russell 2000...

Market Summary Last month saw more tariff threats which were eventually back-pedaled, a Fed announcement with lowering interest rates and a cautionary outlook, and official data flows interrupted by a federal funding impasse, which leaves the outlook for the U.S. economy clouded. Aside from some positive earnings reports from the largest US tech companies, many other earnings reports raised yellow flags. Despite all of this, the major market averages gained spurring more valuation and bubble...

Market Summary In spite of economic warning signs, a government shutdown, new tariffs being implemented, and stock valuations approaching highs not seen since just before the Dot-Com bust 25 years ago, the market shrugged off all of these concerns and moved high last month. The S&P 500 gained 3.49%, the Nasdaq 100 added 5.37%, and the Russell 2000 rose 2.99%.   (1) Labor Market The looming federal government shutdown in late September forced suspension or delay of key economic releases (CPI,...